Mondi sees FY earnings higher than 2017
Mondi
1,370.00p
15:55 18/04/24
0.48%
6.50p
Paper and packaging giant Mondi said it expected full year underlying earnings before interest, tax, depreciation and amortisation to be higher than 2017's €1.482bn.
Forestry & Paper
19,661.22
16:30 11/04/24
0.00%
0.00
FTSE 100
7,876.75
15:55 18/04/24
n/a
n/a
FTSE 350
4,332.65
15:55 18/04/24
n/a
n/a
FTSE All-Share
4,288.57
15:55 18/04/24
n/a
n/a
In a trading update, Mondi said it expected basic underlying earnings to rise between 25% - 29% to 186 – 192 cents.
Basic EPS was forecast to increase 21% - 25% to 167 - 173 cents and basic headline EPS 25% - 29% to 182 to 188 cents.
Special item net charges after tax were expected to come in at €92m of which €81m was recognised in the first half.